Anagh Pal24 Apr 2023, 14:02
In March, the private life insurance industry recorded a significant increase in premiums, growing at a rate of 35% Y-o-Y and 20% FY 2022-23. During the month of March, HDFC Life, Max Life, ICICI Prudential, and SBI Life saw significant growth in their first-year premiums, with increases of 83.45%, 42.59%, 30.78%, and 23.15%, respectively, according to data release by the Life Insurance Council.